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Leases
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases Leases
We have various operating lease agreements for office space, warehouses, manufacturing, production locations, and other equipment. Our real estate leases had original lease terms of three to eleven years and remaining lease terms of two to six years. We exclude options that are not reasonably certain to be exercised from our lease terms, ranging from one to five years. Our lease payments consist primarily of fixed rental payments for the right to use the underlying leased assets over the lease terms, with all other lease payments consisting of variable lease costs. For certain leases, we receive incentives from our landlords, such as rent abatements, which effectively reduce the total lease payments owed for these leases.
We did not have any financing lease arrangements as of December 31, 2025 and 2024.
The table below presents certain information related to the weighted average discount rate and weighted average remaining lease term for the Company’s leases as of December 31, 2025 and 2024:
20252024
Weighted average discount rate - operating leases6.4%6.3%
Weighted average remaining lease term in years - operating leases5.26.2
The components of lease expense for the years ended December 31, 2025, 2024, and 2023 were as follows:
Year Ended December 31,
(In thousands)202520242023
Operating lease costs$2,323 $1,940 $1,572 
Short-term lease costs106 51 250 
Total operating lease costs2,429 1,991 1,822 
Variable lease costs1,099 1,103 797 
Total lease expense$3,528 $3,094 $2,619 
Maturities of our lease liabilities as of December 31, 2025 are as follows:
(In thousands)Operating Leases
2026$2,967 
20272,843 
20282,642 
20292,724 
20302,551 
Thereafter1,391 
Total lease payments15,118 
Less: interest(2,218)
Total present value of lease liabilities$12,900 
Leases Leases
We have various operating lease agreements for office space, warehouses, manufacturing, production locations, and other equipment. Our real estate leases had original lease terms of three to eleven years and remaining lease terms of two to six years. We exclude options that are not reasonably certain to be exercised from our lease terms, ranging from one to five years. Our lease payments consist primarily of fixed rental payments for the right to use the underlying leased assets over the lease terms, with all other lease payments consisting of variable lease costs. For certain leases, we receive incentives from our landlords, such as rent abatements, which effectively reduce the total lease payments owed for these leases.
We did not have any financing lease arrangements as of December 31, 2025 and 2024.
The table below presents certain information related to the weighted average discount rate and weighted average remaining lease term for the Company’s leases as of December 31, 2025 and 2024:
20252024
Weighted average discount rate - operating leases6.4%6.3%
Weighted average remaining lease term in years - operating leases5.26.2
The components of lease expense for the years ended December 31, 2025, 2024, and 2023 were as follows:
Year Ended December 31,
(In thousands)202520242023
Operating lease costs$2,323 $1,940 $1,572 
Short-term lease costs106 51 250 
Total operating lease costs2,429 1,991 1,822 
Variable lease costs1,099 1,103 797 
Total lease expense$3,528 $3,094 $2,619 
Maturities of our lease liabilities as of December 31, 2025 are as follows:
(In thousands)Operating Leases
2026$2,967 
20272,843 
20282,642 
20292,724 
20302,551 
Thereafter1,391 
Total lease payments15,118 
Less: interest(2,218)
Total present value of lease liabilities$12,900